Oak Valley Bancorp (NASDAQ:OVLY - Get Free Report) Director Allison Lafferty bought 412 shares of the business's stock in a transaction on Wednesday, April 23rd. The stock was bought at an average price of $25.93 per share, with a total value of $10,683.16. Following the purchase, the director now owns 6,743 shares in the company, valued at $174,845.99. This trade represents a 6.51 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Allison Lafferty also recently made the following trade(s):
- On Thursday, February 6th, Allison Lafferty purchased 381 shares of Oak Valley Bancorp stock. The stock was purchased at an average cost of $25.49 per share, for a total transaction of $9,711.69.
Oak Valley Bancorp Price Performance
OVLY opened at $24.90 on Friday. The firm has a market capitalization of $208.09 million, a P/E ratio of 8.25 and a beta of 0.28. Oak Valley Bancorp has a one year low of $22.70 and a one year high of $32.24. The company has a fifty day moving average price of $25.09 and a 200-day moving average price of $27.08.
Oak Valley Bancorp (NASDAQ:OVLY - Get Free Report) last posted its earnings results on Friday, April 18th. The financial services provider reported $0.64 EPS for the quarter. Oak Valley Bancorp had a return on equity of 14.28% and a net margin of 28.03%. The business had revenue of $19.42 million during the quarter.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of OVLY. Barclays PLC lifted its position in Oak Valley Bancorp by 122.8% during the third quarter. Barclays PLC now owns 15,368 shares of the financial services provider's stock valued at $408,000 after purchasing an additional 8,471 shares during the last quarter. State Street Corp raised its position in shares of Oak Valley Bancorp by 0.6% during the 3rd quarter. State Street Corp now owns 86,390 shares of the financial services provider's stock valued at $2,295,000 after buying an additional 510 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Oak Valley Bancorp by 123.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,755 shares of the financial services provider's stock worth $286,000 after acquiring an additional 5,945 shares during the last quarter. Geode Capital Management LLC grew its position in Oak Valley Bancorp by 2.4% in the third quarter. Geode Capital Management LLC now owns 155,526 shares of the financial services provider's stock worth $4,133,000 after acquiring an additional 3,646 shares in the last quarter. Finally, Valmark Advisers Inc. bought a new position in Oak Valley Bancorp in the fourth quarter valued at $1,726,000. Hedge funds and other institutional investors own 30.86% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of Oak Valley Bancorp from a "sell" rating to a "hold" rating in a research note on Tuesday, April 8th.
Get Our Latest Stock Analysis on OVLY
About Oak Valley Bancorp
(
Get Free Report)
Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras. The company's deposits products include checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.
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